Common use of Suspension of the project Clause in Contracts

Suspension of the project. 1. The beneficiary shall immediately inform the REA of any event affecting or delaying the implementation of the project. 2. The beneficiary can propose to suspend the whole or part of the project if force majeure or exceptional circumstances render its execution excessively difficult or uneconomic. The beneficiary must inform the REA without delay of such circumstances, including full justification and information related to the event, as well as an estimation of the date when the work on the project will begin again. 3. The REA may suspend the whole or part of the project where it considers that the beneficiary is not fulfilling its obligations according to this grant agreement. The beneficiary shall be informed without delay of the justification for such an event and the conditions necessary to reinstate the work again. This suspension takes effect 10 days after the receipt of the notification by the beneficiary. 4. During the period of suspension, no costs may be charged to the project for carrying out any part of the project that has been suspended. 5. The suspension of the whole or part of the project may be lifted once the parties to the grant agreement have agreed on the continuation of the project and, as appropriate, any necessary modification, including extension of the duration of the project, has been identified by means of a written amendment.

Suspension of the project. ‌ 1. The beneficiary shall immediately inform the REA Commission of any event affecting or delaying the implementation of the project. 2. The beneficiary can propose to suspend the whole or part of the project if force majeure or exceptional circumstances render its execution excessively difficult or uneconomic. The beneficiary must inform the REA Commission without delay of such circumstances, including full justification and information related to the event, as well as an estimation of the date when the work on the project will begin again. 3. The REA Commission may suspend the whole or part of the project where it considers that the beneficiary is not fulfilling its obligations according to this grant agreement. The beneficiary shall be informed without delay of the justification for such an event and the conditions necessary to reinstate the work again. This suspension takes effect 10 days after the receipt of the notification by the beneficiary. 4. During the period of suspension, no costs may be charged to the project for carrying out any part of the project that has been suspended. 5. The suspension of the whole or part of the project may be lifted once the parties to the grant agreement have agreed on the continuation of the project and, as appropriate, any necessary modification, including extension of the duration of the project, has been identified by means of a written amendment.